Nvidia announces a new partnership with Intel to work on custom data centers and personal computer products. Nvidia is also investing $5 billion in Intel’s common stock. The deal is subject to regulatory approvals. The deal comes a month after the U.S. government took a 10% stake in Intel. This agreement provides a lifeline for Intel, which has struggled after missing the shift to mobile computing. Intel has fallen behind amid the artificial intelligence boom that has propelled Nvidia into becoming the world’s most valuable company.
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